Pension Benefits Business Consultant

Join our Deloitte AI & Engineering team to transform technology platforms, drive innovation, and help make a significant impact on our clients' success. You'll work alongside talented professionals reimagining and reengineering operations and processes that are critical to businesses. Your contributions can help clients improve financial performance, accelerate new digital ventures, and fuel growth through innovation.

Work You'll Do

As a Consultant on the project, you will:

• Gather and document pension plan requirements, including plan provisions (FERS, CSRS, state/local, or commercial), eligibility/vesting rules, and service crediting definitions (credited vs. vesting service).
• Define and maintain benefit calculation requirements (e.g., high-3, accrual formulas), service purchase/buyback rules, and annuity options including survivor benefit elections.
• Develop end-to-end pension process flows spanning estimate requests, retirement processing, and post-retirement lifecycle activities.
• Translate pension policies into configuration logic and executable business rules for the pension calculation engine.
• Analyze and validate source data (employment/service history, contribution history) to ensure calculation inputs are complete, accurate, and auditable.
• Collaborate with Product (BenefitsIQ PensionIQ), Technology, and UI/UX teams to align rules-engine behavior, calculation requirements, and retirement workflow design.
• Plan and execute scenario-based testing and complex calculation validation to confirm configurations and formulas produce expected outcomes across edge cases.

Deloitte's Government & Public Services (GPS) practice - our people, ideas, technology and outcomes - is designed for impact. Serving federal, state, & local government clients as well as public higher education institutions, our team of professionals brings fresh perspective to help clients anticipate disruption, reimagine the possible, and fulfill their mission promise.

Our Industry Solutions clients seek verticalized solutions that transform how they sell products, deliver services, generate growth, and fulfill mission-critical operations. The Industry Solutions offering delivers integrated business expertise with repeatable scaled technology solutions that are specifically engineered for each sector's IndustryAdvantageTM.

Qualifications

Required :

• Bachelor's degree required.
• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
• 3+ years of experience delivering benefits plans for clients in roles such as a product manager, benefits operations manager, benefits analysts, benefits administration, business analysis etc.
• 2 + years of experience with Pension plan structures, service history, eligibility rules, and benefit calculations.
• Ability to travel 0-50%, on average, based on the work you do and the clients and industries/sectors you serve

Preferred:

• Prior experience supporting Federal, State, or Local benefits products preferred.
• Prior experience supporting Large employer environments strongly perferred.
• Familiarity with state or municipal pension systems, and FERS/CSRS plans.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $88,800 to $148,000.
Information for applicants with a need for accommodation: